Labor Market Insights

Instawork's monthly summary of changes in roles, pay, demographics, and tightness in the local labor market:


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Average hourly pay via Instawork data chart, for the Denver market

Government Statistics


mean hourly pay

$5.66 higher than the national mean*


unemployment rate

0.3% lower than the national average**


higher consumer prices

relative to the national average***

* Bureau of Labor Statistics, all occupations, December 2023

** Bureau of Labor Statistics, headline unemployment rate, November 2023

*** Bureau of Economic Analysis, January 2022